Housing Wire

APRIL 23, 2021

.” The Dallas-based bank, one of the country’s largest correspondent lenders, also announced that the deal would represent an exit from the correspondent lending sector. Texas Capital’s correspondent lending business originated approximately $2.4

Business 199

Business Lending Insurance Sellers 199

Housing Wire

JANUARY 10, 2024

Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year. Keeping business moving The reverse mortgage business has faced headwinds including reduced volume, high interest rates, lender exits and consolidations.

Mortgage 425

Mortgage Lending Loan Officers Design 425

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. “The Up until now, Xactus obtained data from third parties.

Insurance 340

Insurance Clients Modernization Technology 340

Housing Wire

NOVEMBER 8, 2022

A statement from LodeStar says the alliance will allow clients from both companies to streamline their lending process. LodeStar Discovery can also minimize manual execution of repetitive tasks and help originators on LendingPad to grow their business, said Dan Smith, vice president of sales and strategy at LendingPad.

Insurance 357

Insurance Tools Lending Clients 357

Housing Wire

SEPTEMBER 30, 2020

Meanwhile, borrower’s real estate agents, brokers and financial advisers may not even have access to those systems, preventing them from supporting their clients through what is typically the largest financial transaction of their lifetime. Mohammad Rashid, Head of Fintech Practice. Abhinav Asthana, Head of Products and Innovation.

Lending 199

Lending Real Estate Agent Loan Officers Architecture 199

Housing Wire

SEPTEMBER 30, 2021

With fluctuating volume, mortgage servicers are still struggling to effectively scale their business. Philip Reinking: Mortgage servicers are facing substantial growth but a lack of talent in scaling business growth. HW: What is Allied Solutions doing differently than the rest of the mortgage lending market?

Insurance 308

Insurance Lending Modernization Clients 308

Housing Wire

OCTOBER 28, 2022

HousingWire Annual is where the community from across the housing ecosystem comes together to share strategies, drive business, discover new technologies, discuss best practices, and meet industry leaders. 02 HWA The Remix: Westwood Insurance Agency. All Things Housing. 03 Marketing Leaders Success Summit: The Future of Marketing.

Lending 397

Lending Development Finance Technology 397

Housing Wire

JULY 27, 2022

Two House Appropriations bills recently advanced by House negotiators have included language surrounding Business Email Compromise (BEC) in an effort to promote collaboration between federal and law enforcement agencies and private sector partners in monitoring and reporting for cyber-based crime events. How FundingShield can help.

Contracts 313

Contracts Marketing Law Agents 313

Housing Wire

AUGUST 31, 2022

Xactus, which says it has more than 6,500 clients including bank and nonbank mortgage originators, uses its proprietary technology platform to close loans quickly. Since then, the firm acquired MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate in July.

Modernization 370

Modernization Clients Technology Insurance 370

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. billion in home improvement projects. in 2021 to $433 billion.

Renovations 375

Renovations Home Improvement Marketing Finance 375

Housing Wire

MAY 18, 2022

HousingWire: As interest rates rise and borrowing becomes more expensive, how can offering reverse mortgages help lenders provide clients with a stable cash flow in an otherwise volatile market? CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

Mortgage 397

Mortgage Clients Insurance Tools 397

Housing Wire

APRIL 26, 2023

This is honestly where good loan officers can really separate themselves,” Josh Burruss, executive vice president and chief lending officer of Intercoastal Mortgage , said. Niche loans consist of about 5% of Parkinson’s business. “It’s It could open up the door for more business,” he said.

Loan Officers 397

Loan Officers Mortgage Inventory Clients 397

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote. We’ll have 500 by the end of the year.”

Loan Officers 363

Loan Officers Mortgage Real Estate Agent Real Estate 363

Housing Wire

MARCH 4, 2021

While mortgage lenders would do well to heed the statements from the Consumer Financial Protection Bureau that it will be carefully watching fair lending and servicing issues , especially with the likelihood of a default spike, title and settlement firms will be keeping an eye on more than just the CFPB.

Lending 420

Lending Law Loan Officers Clients 420

Housing Wire

AUGUST 16, 2022

s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. The fate of Wells Fargo & Co. ’s

Mortgage 370

Mortgage Lending Business Insurance 370

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

JULY 1, 2022

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. Enact Mortgage Insurance. Area Business Development Manager. First Vice President, Marketing, Retail Lending. Angel Oak Lending. Eric Kushner. VP, Marketing. VP, Brand Strategy. Erika Martin. Haley Parker.

Marketing 384

Marketing Realty Real Estate Lending 384

Housing Wire

JULY 27, 2021

Volatility and dramatic shifts in market activity have forced participants across the mortgage lifecycle to embrace more agile business practices. trillion in origination volume and a continuation of tight lending spreads. MF: Driving efficiency in your business model is more important than ever. We got the exact opposite.

Mortgage 384

Mortgage Technology Lending Clients 384

Housing Wire

AUGUST 18, 2021

The firm promised to automate much of the underwriting process by making income, asset and lending decisions. Months after launching, Candor had already nabbed several top lenders as clients. The company plans to develop automated appraisals in the first quarter of 2022 and is looking at automating title insurance processes, too.

Mortgage 409

Mortgage Technology Clients Development 409

Housing Wire

JULY 19, 2021

Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. Over the last two years, Blend has acquired its own mortgage insurance firm and title insurance firm (the latter in a $422 million deal).

Insurance 384

Insurance Investors Technology Real Estate Agent 384

Housing Wire

FEBRUARY 3, 2023

San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. In August, the bank issued pink slips to an undisclosed number of employees in human resources, client advising, information technology, according to the outlet.

Real Estate 72

Real Estate Lending Human Resources Insurance 72

Housing Wire

JULY 28, 2023

It follows a request from the shuttered lender to halt the agreement due to an involuntary bankruptcy petition filed by three creditors. New Wave Lending Group , JMJ Financial Group and EF Mortgage filed on July 5 an involuntary petition against Sprout under Chapter 7 of the Bankruptcy Code in a New York court, claiming the lender owes $1.3

Mortgage 325

Mortgage Insurance Business Lending 325

Housing Wire

MARCH 31, 2022

WFG National Title Insurance Company (WFG) is a wholly owned subsidiary of Williston Financial Group and a national title insurance underwriter dedicated to taking time and cost out of real estate transactions. WFG’s MyHome, Blocks, and DecisionPoint products are perfect examples. Steve Ozonian, CEO, Williston Financial Group.

Real Estate 366

Real Estate Human Resources Technology Clients 366

Housing Wire

MARCH 15, 2023

Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. Silicon Valley Bank collapsed last week after it lacked the liquidity to pay for clients’ withdrawals. Client funds are held in insured deposit accounts at a mix of money centers and regional banks, the company said.

Mortgage 368

Mortgage Clients Retail Marketing 368

Housing Wire

JANUARY 19, 2023

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. million mortgage fraud settlement with the Securities and Exchange Commission to his name, seems to be back in the mortgage business. Shocked employees didn’t receive their last paychecks.

Mortgage 397

Mortgage Investors Legal Loan Officers 397

Housing Wire

AUGUST 7, 2020

Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga. North American Title Company has named Richard Yankowski as its managing director of Florida’s business.

Technology 265

Technology Law Lending Legal 265

Housing Wire

FEBRUARY 16, 2022

If your state requires a lending license, make sure a the lender is licensed. In comparison to larger banks or even a local credit union, private lending is more reliant on relationships. Establish a private money lending network for real estate. Private money lenders can be located inside and outside the real estate business.

Real Estate 384

Real Estate Investing Investors Renovations 384

Housing Wire

SEPTEMBER 21, 2021

While the rise of digital technology has permanently shifted the world of lending, many borrowers still look for a human-touch experience to help create trust and transparency throughout the lending process. “A HW: Where would you advise clients and colleagues to focus their technology resources as we navigate the second half of 2021?

Technology 302

Technology Lending Clients Insurance 302

Housing Wire

FEBRUARY 15, 2023

The approval process for the participants in the eNote program includes a review of financial statements and insurance exhibits, which are also the requisites for the warehouse approval process.

Mortgage 264

Mortgage Retail Insurance Technology 264

Housing Wire

OCTOBER 27, 2020

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions. This year, our teams have helped our clients keep pace with record volume.

Clients 370

Clients Technology Insurance Loan Officers 370

Housing Wire

JUNE 11, 2021

Even with the refi boom cooling, brokers are staying busy. Purchase originations require enhanced communication with clients and typically take longer to reach the finish line. Purchase originations require enhanced communication with clients and typically take longer to reach the finish line. Speed in Underwriting.

Appraisal 323

Appraisal Clients Insurance Lending 323

Housing Wire

MARCH 3, 2022

But this is going to become infinitely more complex,” said David Sheeler, executive vice president of correspondent lending and servicing finance at Freedom Mortgage Lending. We have so far successfully utilized prepayments and mortgage payoffs from other clients to fund principal and interest advances relating to forborne loans.

Insurance 368

Insurance Finance Government Mortgage 368

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” Its servicing business, however, was the ninth largest in the country, totaling $464 billion, a 19% increase from the same period last year. . Smaller business . Marginal reductions . .

Mortgage 369

Mortgage Loan Officers Lending Business 369

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The change resulted in Better’s exit from its real estate business. We aim for a similar mix.”

Realtors 367

Realtors Technology Insurance Mortgage 367

Housing Wire

FEBRUARY 24, 2021

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Quite frankly, you may consider the new trend as B2P – business to people. Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS.

Real Estate Agent 315

Real Estate Agent Real Estate Agents Loan Officers 315

Housing Wire

APRIL 7, 2022

From understanding the importance of RON in the title industry and discovering the potential business benefits to learning how you can start offering RON closings to your clients, here’s the need-to-know info to get started. . There are solid reasons why more lenders are opting for tech-driven business solutions.

Law 367

Law Technology Insurance Agents 367

Housing Wire

OCTOBER 7, 2022

Switzerland-based global lender Credit Suisse Group AG had a rough start this week after its stock was beaten down by 11%, the value of its riskiest debt fell more than 10% and the cost of purchasing derivatives insuring against the bank defaulting rose sharply. The lender recorded a net loss of nearly $1.9 Apollo Global Management Inc.

Supply Chain 383

Supply Chain Mortgage Investors Business 383